FINCENT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
FINCENT
Largest movements
- Intangible fixed assets -€52,500
no longer reported in 2025 (was €52,500)
- Cash +€27,562
up €27,562 (+207.9%), from €13,259 to €40,821
mainly Investment in fixed assets (net) (+€52,500) and Accrued charges and deferred income (+€845)
- Profit (loss) carried forward -€16,577
down €16,577 (-117.0%), from -€14,172 to -€30,749
- Debts after one year -€10,346
down €10,346 (-79.8%), from €12,965 to €2,618
- Accrued charges and deferred income +€845
new in 2025: €845
- Depreciation -€17,500
no longer reported in 2025 (was €17,500)
- Gross operating margin -€17,356
down €17,356 (-31.8%), from €54,612 to €37,256
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,078 | €52,377 | -€25,701 | -32.9% |
| Fixed assets | 21/28 | €52,500 | - | -€52,500 | |
| Intangible fixed assets | 21 | €52,500 | - | -€52,500 | |
| Current assets | 29/58 | €25,578 | €52,377 | +€26,799 | +104.8% |
| Cash at bank and in hand | 54/58 | €13,259 | €40,821 | +€27,562 | +207.9% |
| Deferred charges and accrued income | 490/1 | €12,319 | €11,555 | -€764 | -6.2% |
| Total equity and liabilities | 10/49 | €78,078 | €52,377 | -€25,701 | -32.9% |
| Equity | 10/15 | €53,999 | €37,422 | -€16,577 | -30.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,172 | -€30,749 | -€16,577 | -117.0% |
| Amounts payable | 17/49 | €24,079 | €14,955 | -€9,124 | -37.9% |
| Amounts payable after more than one year | 17 | €12,965 | €2,618 | -€10,346 | -79.8% |
| Financial debts | 170/4 | €12,965 | €2,618 | -€10,346 | -79.8% |
| Amounts payable within one year | 42/48 | €11,114 | €11,492 | +€377 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €10,145 | €10,346 | +€201 | +2.0% |
| Trade debts | 44 | - | €144 | +€144 | |
| Suppliers | 440/4 | - | €144 | +€144 | |
| Other amounts payable | 47/48 | €969 | €1,001 | +€32 | +3.3% |
| Accrued charges and deferred income | 492/3 | - | €845 | +€845 | |
| Non-recurring operating income | 76A | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,500 | - | -€17,500 | |
| Other operating charges | 640/8 | €787 | €889 | +€101 | +12.9% |
| Non-recurring operating charges | 66A | €37,218 | €52,500 | +€15,282 | +41.1% |
| Gross operating margin | 9900 | €54,612 | €37,256 | -€17,356 | -31.8% |
| Operating profit (loss) | 9901 | -€894 | -€16,133 | -€15,239 | -1704.9% |
| Financial charges | 65/66B | €974 | €444 | -€530 | -54.4% |
| Recurring financial charges | 65 | €974 | €444 | -€530 | -54.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,868 | -€16,577 | -€14,709 | -787.5% |
| Profit (loss) for the period | 9904 | -€1,868 | -€16,577 | -€14,709 | -787.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,868 | -€16,577 | -€14,709 | -787.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.